As part of the Paycheck Protection Program LYONS ELECTRIC COMPANY, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LYONS ELECTRIC COMPANY, INC


Loan Amount	$2,091,800
BusinessName	LYONS ELECTRIC COMPANY, INC
Address	650 E. Elm
City	LA GRANGE
State	IL
Zip	60525
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	67
DateApproved	04/10/2020
Lender	Heartland Bank and Trust Company
CD	IL-03
BusinessName.clean	LYONS ELECTRIC COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LYONS GADDIS KAHN HALL JEFFERS DWORAK GRANT PC
LYONS INDUSTRIES
LYONS SPECIALTY CO
LYRASIS
LYRIC HOSPITALITY